https://www.blockchaincenter.net/altcoin-season-index/

If altcoin season = btc low, so buy btc. If not = Btc high, so buy altcoins. Is that it ?

This post has been edited by halim867: Apr 3 2021, 11:43 AM

https://www.binance.com/en/trade/BETH_ETH

Trade is better, you get 5% or more beth. You still get the auto-compounding staking interest, and can redeem to eth 1:1 after the 2.0 first phase. (or whatever it's called.)
Dunno when you can redeem, months or years. But you're free to trade bEth with Eth whenever you want, at a loss.

Is it safe?
You have to keep the bEth on binance to earn interest, so up to you to decide how much you trust binance.

https://www.binance.com/en/eth2
That said, eth 2.0 staking is now "only" 6.5% apy, and will get lower as more people stake. Try defi if you want a billion apy. heh heh


Pretty sure it doesn't "lock out" anything. People buy 2 ledgers and enter the same seed phrase so they have a backup. You can use that 12 word seed phrase with compatible software wallets, like metamask and exodus, use them all at the same time. (Don't do that, of course.)

This post has been edited by halim867: Jun 24 2021, 06:06 PM

If it's broken just get a replacement. If it's lost or stolen, just in case some l33t haxor has it, immediately transfer out everything to new addresses, usually using a software wallet.

"crypto cuban crisis". Also called Attack on TITAN.

This post has been edited by halim867: Jun 24 2021, 07:15 PM

0) If someone steals your ledger/trezor, your private key for wallet 0x1... is compromised .
1) Import the old seed phrase for 0x1 into a software wallet to transfer out your coins.
2) If you have a spare hardware wallet on hand, generate a new seed, transfer your coins there (0x2), and that's that.
2a) Otherwise use a software wallet temporarily (0x2a), till a new hardware wallet (0x3) arrives.

https://www.investopedia.com/terms/b/bitcoin-wallet.asp

A bitcoin or eth account is a private(seed phrase)+public(address) key pair.

A hardware or software wallet is like a web browser, that has the private key that can authorize transactions on the blockchain. There are no coins "inside" your trezor, ledger, exodus, metamask, phone, pc, etc. Just the private keys.

When you enter a private key into a wallet, there's no function in eth or btc that reports it's been used. You can generate a new wallet offline, even using pen and paper. Only notice you get is when your coins disappear.

If a seed phrase or private key is leaked or compromised, then never reuse that address. Paranoid people (or people selling hardware wallets) would say that if a private key is on a device connected to the internet even for a second, then it's compromised.

It's gone, bebeh.

For *some* people, keeping it on an exchange is better. With Binance you can reset the password and 2fa using just the email.

This post has been edited by halim867: Jun 24 2021, 10:12 PM